How big is the Ayurveda Market?
According to ÂÌñÉç internal database and industry insights, the
Global Ayurveda market was valued at approximately
USD 9.6 billion in 2024 and is projected to surpass a valuation of
USD 14.3 billion by 2031 at a CAGR of 5.8%.
This growth is influenced by rising demand for natural and holistic healthcare, increasing consumer awareness of herbal remedies, and growing global acceptance of traditional medicine systems. The Ayurveda industry continues to expand through wellness tourism, personal care, dietary supplements, and chronic disease management.
Key Growth Factors of the Ayurveda Market
- Rising preference for chemical-free and plant-based remedies
- Expansion of Ayurvedic skincare, haircare, and wellness products
- Government promotion and global recognition of traditional medicine
- Increasing demand for immunity-boosting and preventive healthcare solutions
- Growth in Ayurvedic nutraceuticals and functional food formulations
- Rising urbanization and digitization of Ayurvedic consultation and delivery
Ayurveda Market Trends
The Ayurveda market is expected to expand robustly due to changes in consumer behavior towards natural, preventive and lifestyle-based healthcare solutions. Ayurvedic OTC is an increase in demand for products and customized wellness resignation. Ayurvedic remedies are rapidly integrated into mainstream welfare offerings, especially in resorts and retreat centers across India, Southeast Asia and Europe. Cross-border e-commerce and digital platforms are also contributing to the global expansion of Ayurvedic products. Countries like America, Germany and UAE are observing rapid approval due to migrant influence and increasing welfare trends.
Emerging Developments in the Ayurveda Market
Emerging innovations include AI-managed Ayurvedic diagnostic equipment, which enable individual herbal prescriptions and treatment recommendations online. Startups are also taking advantage of the telehealth for virtual Ayurveda consultation, making access to physicians more scalable. Research is increasing in standardized Ayurvedic Yogas supported by clinical trials to meet international health standards. Companies are also investing in rare herbs, bi-prosperous yogas and permanent sourcing of modern packaging to fulfill a young, health-conscious demographic. Ayurveda is now moving towards becoming a data-operated, globally certified wellness science.
Major Companies in the Ayurveda Market
- Dabur India Ltd.
- Patanjali Ayurved Ltd.
- Himalaya Wellness Company
- Baidyanath Group
- Emami Ltd.
- Kerala Ayurveda Ltd.
How big is the Ayurveda Market : FAQs
The Ayurveda market was valued at approximately USD 9.6 billion in 2024 and is projected to surpass a valuation of USD 14.3 billion by 2031 at a CAGR of 5.8%.
The Ayurveda market is growing at a CAGR of around 5.8%.
This market growth is fuelled by health awareness, herbal preference, and government support.
Standardization and scientific validation are some of the challenges that may hinder its growth.
India is leading the market with strong growth in Europe and North America.
AI grading, blockchain, and agri-innovation are some of the technologies that are constantly helping this market growth.
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